Sponsored Access

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London Stock Exchange's Sponsored Access service allows customers a direct technical connection to the LSE's electronic order book under the trading codes of a Sponsoring Firm. Sponsored Users will be able to execute low latency strategies in all centrally cleared securities, including FTSE100 and FTSE250 stocks, International Order Book, ETFs and ETCs. A parallel service is also available to access pan-European lit and dark order books operated by Turquoise.

Sponsoring Firms are provided with a drop copy service in order to monitor the Sponsored User

Sponsoring Firms have access to a Sponsored Portal allowing them to remotely modify certain parameters of the Exchange Level Controls

Sponsored Users can receive market data directly from the LSE or from a vendor

Sponsored Users have a choice of connectivity options to access the LSE's trading system, ranging from ultra-low latency exchange hosting, Extranex and third party network providers. Hosted participants also benefit from a carrier-neutral connectivity model between their hosted equipment and their external locations.

Exchange Level Controls provide a layer of pre-trade risk management, while the post-trade drop copy allows the Sponsoring Firms to view the Sponsored Users activity. Sponsoring Firms also have access to a Sponsor Portal where they can adjust certain parameters of the Exchange Level Controls that apply to their individual users.

In the event of the Sponsored User losing their connection to the trading system, or the Sponsoring Firm losing their post trade drop copy connection, all Sponsored User open orders will be cancelled.

Sponsored Users apply for the service via their chosen Sponsoring Firm.